Two different paths. Two different economic results.
Daily Analysis
Notwithstanding Keynesian Fantasies, Redistribution Does Not Stimulate Growth
Debunking the Keynesian assertion that handouts create growth.
Three Cheers for Sweatshops, Creating Opportunity and Upward Mobility for the World’s Poor People
For many, the only thing worse than working in a sweatshop is not being able to work in a sweatshop.
Everything You Wanted to Know about the Economics of Redistribution in One Image
Why redistributionism is doomed to failure.
Trump, Debt, Taxes, and Inflation
The challenge of deciphering Trump.
Was Reaganomics a Success?
Digging into the data on the Gipper.
The Necessary and Valuable Economic Role of Tax Havens
Contrary to pro-tax critics, there is a very strong “economic justification” for tax havens and tax competition.
Private Investment Leads to Progress, Government Investment Results in Cronyism
Which industries and countries have the most cronyism.
Milton Friedman, Adam Smith, and Other People’s Money
The power of enlightened self-interest.
A Government-Provided “Basic Income” Would Be a Recipe for Bigger Government and More Dependency
The idea has some support among sensible people, but real world data is throwing cold water on basic income guarantees.